New deal: Wattnow, energy efficiency company, raises $3.5m+ Pre-Series A to scale operations in Europe and MENA

We are thrilled to announced Outlierz Fund II’s investment in Wattnow, a Tunisia-based energy efficiency company providing a solution for business’ buildings, infrastructure and factories across diverse industries to track their energy consumption, reduce costs and comply with regulation.

Their unique solution provides a plug-and-play technology combined with a robust AI-driven SAAS platform to analyse signals and provide detailed real-time data, enabling energy optimization and monitoring across multiple sites.

Wattnow serves large clients mainly in France, Tunisia and Morocco including Safran, Sanofi, Orange, Carrefour among others and is rapidly expanding operations internationally, serving clients across more than 11 countries, including key markets in Europe, the Middle East, Africa, and North America.

We are excited to partner with Issam Smaali, Malek Atallah and the Wattnow’s team to accelerate the company’s growth and expansion in the region, alongside Lateral Capital Ventures, E3 Capiral, 216 Capital Ventures and Satgana.

Read more: https://www.wamda.com/2024/09/tunisia-wattnow-closes-multi-million-dollar-funding-round